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PARTNERS
THURSDAY 7TH APRIL 2011
BORDERS Adelaide store in Rundle Mall will close within eight weeks
in the latest blow to the State’s retail sector.
The news came late yesterday and is expected to affect 30 full time and
casual workers as well as staff in the co-located coffee shop at the store’s
rear.
The store’s owner, REDgroup was put into the hands of an
administrator on February 17. Read more
Borders shuts, A&R
owners set for a fight
NBN budget
blowout fears
SUPRATIM ADHIKARI :
ANALYSIS
THE federal opposition’s
communications spokesman
Malcolm Turnbull must be
enjoying the sight of the NBN
Co muddling its way through
the preliminary stages of the
construction of the national
broadband network and
he might yet receive more
ammunition to stick it to his
government counterpart,
Stephen Conroy. Read more
STEEPER falls in activity, new orders
and employment saw the national
construction industry move further
into negative territory in March.
The latest Australian Industry
Group Australian Performance of
Construction Index (Australian PCI) in
conjunction with the Housing Industry
Association, dropped 5.2 points to
39.4 to remain below the 50 point level
separating expansion from contraction
for the tenth consecutive month.
March’s result is also the weakest
reading on the overall state of the
industry in two years. Read more
THE MOVES
Dollar’s rise above 104.5
THE Australian dollar was half a
US cent higher this morning as
speculation eased over the US
central bank ending its economic
stimulus program. The local unit
was trading at 104.42 US cents,
over half a US cent higher than
Wednesday’s... Read more
DAILY
MARKET REPORT
BUSINESS
Borders Adelaide is on the national list of closures
Tough times in the construction industry
Construction slowdown worsens
INSIDE TODAY
Any insider information?
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